There are other factors to consider when sending an international money transfer in addition to the exchange rate, including the transfer fees, the payment method, the speed of delivery and the level of customer service. Keep in mind that we don't compare every product in the market, but we hope that our tools and information will allow you to compare your options and find the best service for your needs.
Compare the top providers for exchanging from AUD to CAD
Use the table below to compare fees for sending AUD to Canada.
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How we picked these
Best ways to convert AUD to CAD?
Online money transfer provider. When exchanging Australian dollars to Canadian Dollar, money transfer specialists such as Revolut and CurrencyFair - Small Transfers, offer strong exchange rates, lower fees and supports a wider range of currencies.
Currency exchange store. Travelex and Travel Money Oz have locations in every major city in Australia. They are convenient but won't give you the best deal when buying Canadian currency.
Bank transfer. Most Australian banks allow customers to buy Canadian Dollar but aren't the cheapest option. Depending on the currency, their markup ranges from 3% to 6%.
Australian Dollar
The Australian dollar is the official currency of Australia. It was introduced in 1966 to replace the Australian pound, and plastic money replaced paper notes in 1988. Aside from being known as dollars, bucks and dough, the Australian dollar was once known as the Pacific peso.
Currency:
Australian Dollar
Currency Symbol:
$
Sub unit:
Cent
Bank notes:
$5, $10, $20, $50, $100
Coins:
$1, $2, 5c, 10c, 20c, 50c
Canadian Dollar
The Canadian dollar is the official currency of Canada. In 2011, the Bank of Canada replaced the traditional cotton-and-paper notes with synthetic polymer, plastic-based notes. The most common nickname for the Canadian dollar is the loonie, though buck, huard and piastre are also used.
Currency:
Canadian Dollar
Currency Symbol:
$
Sub unit:
cent
Bank notes:
$5, $10, $20, $50, $100, $1, $2, $500, $1000
Coins:
$1, $2, 5¢, 10¢, 25¢, 1¢, 50¢
Is the Canadian Dollar getting stronger?
Compared to a month ago, the Canadian dollar is getting stronger against the Australian dollar. Currently 100 Australian dollars is equivalent to 87.66 Canadian dollars. A month ago, 100 Australian dollars was worth 90.21 Canadian dollars. This means we've seen a decrease of $2.55 (2.83%) over the past month.
Today's market rate for common transfer amounts AUD to CAD
"I use an international money transfer service to transfer money from my Canadian bank account to my Australian account when the CAD/AUD exchange rate is favourable. I've found it costs less than bank transfers and the exchange rates are fair."
Compare money transfer companies and products and you could get a much better foreign exchange rate, allowing you to send more money overseas.
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